The Business Research Company’s report on the Environmental Testing Equipment Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
How are market drivers shaping the future growth trajectory of the environmental testing equipment industry?
Rising levels of environmental pollution worldwide significantly contribute to the growth of the environmental testing equipment market. Rapid growth in industrialization and urbanization, wildfires, transportation, construction, and demonization have contributed to rising levels of environmental pollution across the globe. Governments across the globe are investing in environmental testing equipment to constantly monitor changes in air, water, and soil pollution and implement innovative policies to tackle challenges based on inputs from testing activities. For instance, according to the report published by Eurostat, a Luxembourg-based statistical office of the European Union, total general government expenditure on environmental protection was around $125.84 billion (€119 billion), which accounted for 0.8% of the EU’s Gross Domestic Product (GDP). Therefore, the rising level of environmental pollution is expected to boost demand for environmental testing equipment during the forecast period.
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What is the estimated market size of the environmental testing equipment sector by 2029, based on current forecasts?
The environmental testing equipment market size has grown strongly in recent years. It will grow from $1.23 billion in 2024 to $1.32 billion in 2025 at a compound annual growth rate (CAGR) of 7.9%. The growth in the historic period can be attributed to regulatory compliance, industrialization and urbanization, pollution control, occupational safety, environmental awareness.
The environmental testing equipment market size is expected to see strong growth in the next few years. It will grow to $1.87 billion in 2029 at a compound annual growth rate (CAGR) of 9.0%. The growth in the forecast period can be attributed to emerging contaminants, infrastructure development, land use and land cover changes, climate change monitoring, public health preparedness. Major trends in the forecast period include iot integration, portable and field-deployable devices, data visualization and big data analytics, smart sensors and wearables, high-resolution remote sensing.
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#Who are the top players in the environmental testing equipment market?
Major companies operating in the environmental testing equipment market include Agilent Technologies Inc., Thermo Fisher Scientific Inc., Shimadzu Corporation, Waters Corporation, Bruker Corporation, PerkinElmer Inc., Merck KGaA, Danaher Corporation, JEOL Ltd., Endress+Hauser Group Services AG, JASCO Corporation, Teledyne Technologies Incorporated, AMETEK Inc., Analytik Jena AG, SCIEX LLC, Extech Instruments Corp., PathSensors Inc., Alpha Analytical Inc., American Environmental Testing Laboratory LLC, Eurofins Scientific SE, EMSL Analytical Inc., Hydrologic Associates USA Inc., Intertek Group plc, Microbac Laboratories Inc., Pace Analytical Services LLC, Thermotron Industries Inc., TestEquity LLC, Weiss Technik North America Inc., Russells Technical Products Inc.
#What are the major trends in the environmental testing equipment market?
Technological advancement is the key trend gaining popularity in the environmental testing equipment market. Major companies operating in the environmental testing equipment market focus on providing technologically advanced solutions to meet the end-customer demand and strengthen their market position across the globe. For instance, in February 2023, Thermo Fisher Scientific, a US-based biotechnology company, introduced two new wet chemistry analyzers, called Thermo Fisher Scientific’s Aqua Master discrete analyzers and The Gallery Aqua Master discrete analyzers. This analyzer can be used for a variety of applications, such as soil analysis, drinking water analysis, and wastewater and sewage water analysis.
Which geography holds the highest environmental testing equipment market share?
North America was the largest region in the environmental testing equipment market in 2024. Asia-Pacific is expected to be the fastest-growing region in the environmental testing equipment market during the forecast period. The regions covered in the environmental testing equipment market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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How do different segments contribute to the overall expansion of the environmental testing equipment market?
The environmental testing equipment market covered in this report is segmented –
1) By Product: Chromatography Products, Mass Spectrometers, Molecular Spectroscopy Instruments, Total Organic Carbon (TOC) Analyzers, Dissolved Oxygen Analyzers, Conductivity Sensors, Turbidity Meters, pH Meters
2) By Application: Water Testing, Air Testing, Soil Testing
3) By End-Use Industry: Government Agencies and Municipal Authorities, Environmental Testing Laboratories, Industrial Facilities, Commercial & Residential Facilities
Subsegments:
1) By Chromatography Products: Gas Chromatography (GC) Systems, Liquid Chromatography (LC) Systems, High-Performance Liquid Chromatography (HPLC)
2) By Mass Spectrometers: Quadrupole Mass Spectrometers, Time-Of-Flight Mass Spectrometers (TOF), Ion Trap Mass Spectrometers
3) By Molecular Spectroscopy Instruments: UV-Visible Spectrophotometers, Infrared Spectroscopy Instruments, Fluorescence Spectrophotometers
4) By Total Organic Carbon (TOC) Analyzers: Non-Purgeable TOC Analyzers, Purgeable TOC Analyzers
5) By Dissolved Oxygen Analyzers: Electrochemical Sensors, Optical Sensors, Conductivity Sensors
6) By Conductivity Sensors: Analog Conductivity Sensors, Digital Conductivity Sensors
7) By Turbidity Meters: Portable Turbidity Meters, Laboratory Turbidity Meters
8) By pH Meters: Portable pH Meters, Benchtop pH Meters
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How is the environmental testing equipment market defined?
The environmental testing equipment refers to various products and equipment primarily used to evaluate the dependability of multiple products and components under continuous exposure to a variety of environmental conditions. The purpose of the equipment is to detect and identify multiple contaminants that may impact the quality of the air, water, and soil.
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